Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
S$1,174
Central Provident Fund (CPF)
- S$234
Total tax
- S$234
Net pay
* S$940
Marginal tax rate
20.4%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
S$940
Net pay
S$200
Tax the employer pays
S$234
Tax you pay
Total tax paid
S$435
Did you know your employer also pays tax on your salary? It costs the employer S$200 to pay you S$1,174. In other words, every time you spend S$10 of your hard-earned money, S$3.70 goes to the government.
Real tax rate
31.6%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 31.6%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make S$14,088 a year living in Singapore, you will be taxed S$2,814. That means that your net pay will be S$11,274 per year, or S$940 per month. Your average tax rate is 20.0% and your marginal tax rate is 20.4%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of S$100 in your salary will be taxed S$20.40, hence, your net pay will only increase by S$79.60.
Bonus Example
A S$1,000 bonus will generate an extra S$796 of net incomes. A S$5,000 bonus will generate an extra S$3,980 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
SGD 12,729
9.7%
1
Canada
SGD 10,781
23.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
SGD 14,088
0.0%
1
Hong Kong
SGD 14,088
0.0%
2
Thailand
SGD 13,233
6.1%
3
Taiwan
SGD 12,841
8.9%
4
Pakistan
SGD 12,771
9.4%
5
South Korea
SGD 12,396
12.0%
6
Malaysia
SGD 12,386
12.1%
7
New Zealand
SGD 12,207
13.4%
8
Indonesia
SGD 12,115
14.0%
9
Philippines
SGD 11,911
15.5%
10
Japan
SGD 11,448
18.7%
11
Singapore
SGD 11,274
20.0%
12
Kazakhstan
SGD 11,158
20.8%
13
Vietnam
SGD 11,132
21.0%
14
India
SGD 10,910
22.6%
15
China
SGD 10,026
28.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
SGD 12,974
7.9%
1
Colombia
SGD 12,961
8.0%
2
Ecuador
SGD 12,757
9.5%
3
Guatemala
SGD 12,737
9.6%
4
Costa Rica
SGD 12,609
10.5%
5
Panama
SGD 12,538
11.0%
6
Mexico
SGD 11,847
15.9%
7
Chile
SGD 11,609
17.6%
8
Brazil
SGD 11,519
18.2%
9
Uruguay
SGD 11,256
20.1%
10
Peru
SGD 11,091
21.3%
11
Argentina
SGD 9,148
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
SGD 12,628
10.4%
1
Morocco
SGD 11,118
21.1%
2
Mozambique
SGD 10,880
22.8%
3
Ivory Coast
SGD 10,651
24.4%
4
Kenya
SGD 10,538
25.2%
5
Angola
SGD 10,475
25.6%
6
Cameroon
SGD 10,364
26.4%
7
Ghana
SGD 10,336
26.6%
8
Nigeria
SGD 9,749
30.8%
9
Uganda
SGD 9,550
32.2%
10
Senegal
SGD 9,509
32.5%
11
Zambia
SGD 9,072
35.6%
12
Show more
NOTE* Withholding is calculated based on the tables of Singapore, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. Income tax calculations include personal tax credit deductions. CPF calculations are determined for regular wages only, assuming there are no additional wages. This document does not represent legal authority and shall be used for approximation purposes only.